Dallas Area Residential Sales Report for October – Prosper TX
Buyers were snapping up homes during October. Sales were up 46% and pending sales climbed 45%. The average sales price did decline 1% but the median sales price rose 1%. Kind of a wash. We saw a 35% jump in the number of new listings but with all the sales the active listings fell 2%. Months of inventory now stands at 4.7 months/
Sales: 102
Average Sales Price: $495,914
Median Sales Price: $459,000
Pending Sales: 109
New Listings: 132
Active Listings: 463
Months of Inventory: 4.7
Information provided by The Real Estate Center
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